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Tag: oil refineries

Fires and explosions round the globe: a coincidence?

Fires and explosions round the globe: a coincidence?

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I have given my reaction to these “coincidences” below. Wollongong power station on fire as thick black smoke causes closure of nearby airport Hundreds of thousands of people have been warned to stay indoors as dense black smoke from a burning electricity substation overwhelms residents south of Sydney. A Transgrid depot at Dapto near the Tallawarra Power Station, on the shores of Lake Illawarra, burst in flames in dramatic scenes after reports of explosions ringing out. The blaze took the…

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Australia Dangerously Dependent On China’s Fuel Exports As 2 Of Its Last 4 Refineries Close

Australia Dangerously Dependent On China’s Fuel Exports As 2 Of Its Last 4 Refineries Close

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Zero Hedge, 24 March, 2021   There’s growing alarm in Canberra over what’s expected to be Australia’s inevitable increased dependence on foreign petroleum amid a major influx of cheaper refined oil products from China. It comes as China’s crude oil refinery capacity is rapidly expanding and simultaneously Australia is about to see its last four refineries cut down by two, given the recent announced closures of an Exxon Mobil and separately a BP refinery.  It’s yet another way that Beijing has the upper hand…

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